Stormfield funded an $18.4M New Construction Loan in Denver, CO

Stormfield funded an $18,350,000 construction completion loan to refinance existing debt and complete construction of a 29-townhome community in Denver, Colorado. The financing gives the developer the capital to finish the remaining work and bring the homes to market as completed product. The loan is structured at approximately 64.4% LTV over a 24-month term, leaving meaningful equity beneath Stormfield’s position. Underwriting weighed the construction timeline and the Denver for-sale market, with the project’s progress to date and moderate leverage supporting the structure. The deal reflects Stormfield’s disciplined approach to hard money construction completion financing on residential developments.